Investor-grade market analytics for Harrisburg-Carlisle, Pennsylvania. Data from Zillow ZHVI, FRED, Census ACS, and FEMA NRI. Data through August 2026.
$311,783
+2.9% year-over-year
5.7%
gross annual
+2.9%
base case (Zillow ZHVF)
+2.9% year-over-year
42/100
LowNet migration: Top 13% nationally
In-migrants avg $59,411 AGI vs out-migrants $65,065
Opportunity Zone Market
6 ZIP codes in Harrisburg-Carlisle are designated Qualified Opportunity Zones (IRC 1400Z-2), eligible for capital gains tax deferral on qualifying investments. Learn more →
Harrisburg-Carlisle, PA shows steady growth at 2.9% year-over-year appreciation, reflecting balanced market conditions with moderate demand. Affordability remains favorable with a price-to-income ratio of 3.93x, below the national average of 4.8x. Modest net positive migration (+417 returns/year) provides steady demand support. Climate risk is moderate (42/100) with manageable exposure. Rental yield of 5.68% is moderate, offering acceptable cash flow for leveraged investments.
12-month projection (Zillow ZHVF model)
Harrisburg-Carlisle, PA's primary climate exposure is wind storms (63/100). The composite climate risk score of 42/100 (Moderate) indicates overall risk with manageable exposure that should be factored into investment analysis. This market benefits from relatively low natural hazard exposure compared to coastal and wildfire-prone regions.
Source: FEMA National Risk Index
Migration flows, ZIP-level neighborhood data, full demographics, price history, and the Market Screener.